While many office developers are holding back due to a sluggish leasing market, Apple is actively progressing with the construction of a striking new Apple TV+ office complex located on the boundary between Culver City and Los Angeles. With the underground garage excavation finished, construction teams have set up cranes and are now working on two bronze-hued buildings, which are anticipated to accommodate Apple’s streaming operations and strengthen its footprint in the Culver City area.
Roger Vincent and Wendy Lee for the Los Angeles Times:
[T]he work on the new office campus suggests Apple is committed to the prestigious streaming service and the attention it brings to the $3.37-trillion company.
Apple announced the office development in 2021, saying it would erect two mid-rise buildings as tall as five stories with a total of more than 550,000 square feet. They will be connected by a shared wall on multiple parcels in Culver City and Los Angeles surrounded by Venice, National and Washington boulevards. The offices will have an interior courtyard and are expected to house up to 2,400 employees.
Among the high-profile tech and entertainment businesses located there are Apple, Sony Pictures Studios, Amazon MGM Studios, TikTok Inc., Technicolor and Beats Electronics, a subsidiary of Apple.
MacDailyNews Take: Apple TV+ is here to stay.
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